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Chegg is a student hub that offers a variety of digital services for students in addition to the ability to buy, rent or sell books. Save money on textbooks, save time on studying with Chegg Skip ...
Chegg announced that it would launch a GPT-4 powered AI platform called Cheggmate later in May 2023. [23] By June, CheggMate was in testing mode, but wasn't expected to publicly launch until 2024. [24] As of 2025, it has not been released. By November 2024, Chegg's stock price had fallen 99%, primarily because of competition from ChatGPT. [25]
Notehall is an online marketplace, in which college students can buy and sell class notes. [1] Notehall gained recognition after appearing on the ABC reality show Shark Tank in October 2009. It has since been purchased by Chegg, a textbook-rental company, for $3.7M in equity and undisclosed cash. Notehall.com was later integrated into the Chegg ...
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Chegg's 2024 first quarter revenue of $174.4 million was down 7% compared to the same period a year prior and down nearly 14% from the first quarter of 2022.
Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. [2] Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars.
A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that, if a buyer is not satisfied with a product or service, a refund will be made. The 18th century entrepreneur Josiah Wedgwood pioneered many of the marketing strategies used today, including the satisfaction-or-money-back guarantee on the ...
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